在1970年,官员们就曾经因为从价格指数中排除了过多的价格种类而导致错误的低估了通胀的可能性。
That was the mistake made in the 1970s, when officials deluded themselves that inflation was under control by excluding ever more prices from their indices.
所有的购买食品,汽油或者衣服的美国人意识到现在有大概6%的价格通胀,1.17%的CPI非常低估了通胀。
All Americans who shop for food, gas, or clothes, realize that the U.S. currently has around 6% price inflation and the CPI's 1.17% rate way understates inflation.
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